Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor North America Heavy Construction Equipment Market
Rapid Infrastructural Development To Fuel The Growth Of North America Heavy Construction
Equipment Market
North America Heavy Construction Equipment Market 2018 is latest research report by
MarketResearchFuture, the North America Heavy Construction Equipment market is expected to
Register High Growth Rate during 2018 To 2021. Report analyzes North America Heavy Construction
Equipment Market Key Companies with Size, Share, Trends analysis, and Key Country Forecast to 2021.
North America Heavy Construction Equipment Market Information is segmented by Types (Earthmoving
Equipment, Material Handling Equipment, Heavy Construction Vehicles, Others (Cranes, Excavator,
Dozer)), By applications (Mining & Excavation, Earthmoving, Transportation, Lifting, Material Handling,
Others), end users (Oil & Gas Industry, Construction Industry, Military, Mining, Agriculture & Forestry
and Others) - Forecast to 2021
Key Players:
The prominent players profiled by MRFR that are operating in the North America heavy construction
equipment market are Caterpillar (the U.S.), John Deere & Co (the U.S.), Manitowoc Group (the U.S.),
Oshkosh Corporation (the U.S.), Terex Corporation (the U.S.), Hitachi Construction Machinery (the U.S.),
Hyundai Construction Equipment Americas, Inc. (the U.S.), JCB (the U.S.) and Manitou Americas Inc (the
U.S.).
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Market Overview:
Urbanization and industrialization have increased significantly in the past few decades which has led to
the development of infrastructure and increased construction activities, mainly in developed and
developing countries. Heavy construction equipment comprises of vehicles that are predominantly
designed to perform heavy construction operations, majorly earthwork and material handling. Market
Research Future (MRFR) has published a report stating that the North America heavy construction
equipment market is marked to expand significantly by the end of 2021.
Market Drivers and Restraints:
Rapid urbanization is aiding the expansion of the construction sector. Rise in construction and building
activities with increased industrialization and urbanization are inducing high demand for heavy-duty
equipment and machinery that can fasten the construction process and contribute to the development
of the region, which in turn is propelling the expansion of the North America heavy construction
equipment market. Construction of skyscrapers and massive industrial buildings require assistance from
efficient construction equipment. Growing construction of such buildings in the developed areas is
fueling the growth of the North America heavy construction equipment market.
The developed countries are projecting infrastructural development at a rapid pace. With rise in
construction activities in residential sector due to constant rise in population in the developed regions
are generating high demand for heavy construction equipment, which is resulting in the significant
expansion of the North America heavy construction equipment market. Introduction of technologically